Can a New Roof Enhance Your Home Value?
While replacing your old roof with a new one may not be the most exciting home remodeling project, it has plenty of advantages. Besides giving your home a fresh new look, a new roof can enhance your overall home value!
If you are planning to put your house on the market, the design and structural quality of your roof are worth considering, as they can determine the marketability of your property. Most property buyers prefer properties with new roofs since it saves them time and money that they would otherwise need to invest in re-roofing. This is why adding a new roof to enhance your home value before putting it up for sale is a good investment. With that being said, there are plenty of other benefits that a new roof can provide. Keep reading to learn more.
Why Should You Install a New Roof?
1. It raises your home’s resale value
Did you know installing a new roof can enhance home value by up to 20%? A new roof is very desirable if you are looking to sell your home, since most buyers will be looking to avoid overhead repair and maintenance costs. So, not only does replacing your roof raise the selling price of your property, it is also likely to attract more buyers, giving you more leverage when negotiating a sale.
2. It improves your home’s curb appeal
There is nothing as uninspiring as a home that has an attractive exterior but an old, worn out, and dingy roof. Even worse is if the roof has cracked shingles and damaged gutters that leak when it rains. If you want your property to truly stand out or blend well in your neighborhood, you need to replace the old roof with a new, durable one.
3. It enables you to add new features
Gone are the days when roofs were simple functional structures. Thanks to technological advancements, you can now install modern roofs with new features like dormer windows and better ventilation systems. Leveraging new roofing technologies will make your roof more efficient and long-lasting.
How Does a New Roof Enhance Home Value?
To better understand how a roof affects the value of your home, you need to consider what purpose the roof serves in a home. A roof's purpose is to protect from elements such as rain, wind, snow, and hail. It keeps you and your property safe no matter the weather outside. More than that, a roof acts as the primary insulation for your home, thus allowing you to control your home’s energy efficiency. Finally, it serves an aesthetic purpose by giving your home its structure and outward appearance.
If your roof is old and damaged, it doesn’t serve any of these functions very well. This can hurt your chances of selling your home, as most buyers will not be willing to pay for the renovation.
Should You Install a New Roof Before Selling Your Home?
Yes. As previously stated, installing a new roof can increase the value of your home by up to 20%. For this reason, you should consider replacing your roof before putting up your property for sale. At Copper and Roofing Solar, we provide quality and affordable roofing services for residential and commercial buildings. Our products are made from durable materials and are guaranteed to offer you plenty of years of service. Fill out the quick form for a free estimate!